Attractive income-generating freehold apartment block in central Penryn, delivering immediate returns with strong future growth potential.
This charming Grade II Listed property has been thoughtfully converted and maintained to a high standard by the current owners, comprising three spacious 3-bedroom apartments. All units are currently let, producing a solid gross rental income of £57,600 per annum, making this an ideal turnkey investment for landlords seeking stable cash flow from day one.
Positioned in a prime central location, the property benefits from excellent access to local amenities, transport links, and the wider Falmouth and Penryn area. The apartments enjoy appealing views over the Penryn River, enhancing tenant demand and long-term rental desirability. The combination of character features and modern interiors ensures broad appeal across the rental market.
There is clear scope to further increase rental income at the next occupancy cycle, offering investors the opportunity to enhance yields in line with current market conditions. The property’s layout and condition minimise ongoing capital expenditure, making it a low-maintenance addition to any portfolio.
Enquire today to secure a high-performing residential investment in a sought-after Cornish location.
